capital expenditure – News Portal

Microsoft to spend record $30 billion this quarter as AI investments pay off

July 31, 2025July 31, 2025cpooldigitalLeave a Comment

[ad_1] Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming sales in its Azure cloud computing business showcased the growing returns on its massive bets on artificial intelligence. Shares of the software company rose 9% in extended trading after it said Azure sales surpassed $75 […]

Meta’s Zuckerberg pledges hundreds of billions for AI data centers in superintelligence push

July 15, 2025July 16, 2025cpooldigitalLeave a Comment

[ad_1] Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI data centers for superintelligence, intensifying his pursuit of a technology he has chased with a talent war for top engineers. The social media giant is among the large tech companies that have struck high-profile […]

Microsoft to lay off around 3% of workforce in organisation-wide cuts

May 13, 2025May 13, 2025cpooldigitalLeave a Comment

[ad_1] Microsoft said on Tuesday it was laying off less than 3% of its workforce, or around 6,000 employees, as the technology giant looks to rein in costs while funneling billions of dollars into its ambitious bet on artificial intelligence. The cuts will be across all levels and geographies and are likely the largest since […]

PM Modi asks India Inc to step up investment

March 7, 2023March 7, 2023cpooldigitalLeave a Comment

[ad_1] “Amrit Kaal Budget lays the roadmap of an all inclusive financial sector for India’s growthm”, PM Modi said during a webinar on Tuesday, March 7, 2023. | Photo Credit: Twitter@narendramodi Prime Minister Narendra Modi on Tuesday, March 7, 2023, urged India Inc to increase investment and take advantage of the opportunities unveiled in the […]

Govt focusing on public expenditure to propel growth: Nirmala Sitharaman

February 15, 2023February 18, 2023cpooldigitalLeave a Comment

[ad_1] Union Finance Minister Nirmala Sitharaman addresses during a post-budget interactive session on Union Budget 2023-24 organised by PHD Chamber of Commerce and Industry (PHDCCI), in New Delhi, Wednesday, Feb. 15, 2023. PHDCCI President Saket Dalmia is also seen. | Photo Credit: PTI Finance minister Nirmala Sitharaman on Wednesday said that the effort of the […]

Fiscal deficit touches 32.6% of annual target till August this fiscal: official data

September 30, 2022October 1, 2022cpooldigitalLeave a Comment

[ad_1] As per the data released by the Controller General of Accounts (CGA), the government’s total receipts, including taxes, stood at ₹8.48 lakh crore or 37.2% of the Budget Estimates (BE) for 2022-23. As per the data released by the Controller General of Accounts (CGA), the government’s total receipts, including taxes, stood at ₹8.48 lakh […]

India’s long-term growth prospects embedded in public capital expenditure programmes: FM Nirmala Sitharaman

July 15, 2022July 15, 2022cpooldigitalLeave a Comment

[ad_1] Finance Minister Nirmala Sitharaman while attending the third G20 Finance Ministers and Central Bank Governors meeting hosted by Indonesia in Bali, said evidence-based policy making is vital for resilient economic systems. Finance Minister Nirmala Sitharaman while attending the third G20 Finance Ministers and Central Bank Governors meeting hosted by Indonesia in Bali, said evidence-based […]